Business, 31.03.2021 04:30 Riplilpeep
Which of the following statements, if any, are correct?
1. The Automatically Assessed Formula for determining the Expected Family Contribution (EFC) requires that the student or parent's AGI is less than $50,000.
2. The Simplified Method for determining Expected Family Contribution (EFC) does not consider the family's assets in its formula
a. 1 only.
b. 2 only.
c. Both 1 and 2.
d. Neither 1 nor 2.
Answers: 1
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